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The president signed an executive order to end de minimis entry for goods inbound from China, effective May 2. The provision, often called a “loophole” in the industry, currently allows ...
A curated selection of the top 10 logistics and supply chain stories from 2024, reflecting key trends and themes identified by LM Group News Editor Jeff Berman—offering insights beyond popularity ...
Here’s how the change could impact your business, and how you can respond. The de minimis was created in 1938 for the same reason you’d expect: To encourage the sales of small packages.
Explore 3 surprising ways Trump’s tariffs still impact prices—even after rollbacks. Learn how these hidden effects could be ...
The "de minimis" trade loophole - which allowed duty-free access for cheap shipments from China and Hong Kong - has ended, with e-commerce players and the shipping industry bracing for potential ...
The White House did not immediately respond to a request for comment on whether the Wednesday hike on Chinese tariffs would further impact the de minimis rates. Although China faced rising tariff ...
But while the de minimis loophole doesn't technically close until overnight into May 2, customers have already been seeing the impact from companies that rely on importing low-cost goods.
or AliExpress are “likely to feel the impacts of this the quickest,” said Kate Nishimura, features editor at Sourcing Journal. “De minimis is the backbone of their business model.” ...
Total container volumes in May added up to the lowest monthly total since March 2024, and a 9.7% decline from April. Why?
What will the 'de minimis' rule change mean for online shoppers ... and retailers who rely on low-cost imported Chinese goods should brace for impact. According to U.S. Customs and Border ...